In a recent report by Counterpoint Research, Google registered a notable 20% increase in market share within the US smartphone market in Q3 2024 compared to the same period in 2023. This growth comes as a surprise, given Google’s relatively limited smartphone launches and the generally mid-range specifications of its devices compared to other brands.
The report sheds light on the performance of key smartphone brands, offering insights into their year-over-year shipment growth.
US Smartphone Market Overview
The US smartphone market saw an overall decline in Q3 2024, with a 4% year-over-year decrease in smartphone sell-in shipments. Despite this drop, a few brands managed to achieve positive shipment growth, while others faced setbacks.
Key Players in the US Smartphone Market (Q3 2024 vs. Q3 2023)
The following details the market share shifts and shipment growth trends for the major smartphone brands:
- Apple
- Market Share: Increased from 53% in Q3 2023 to 54% in Q3 2024.
- Shipment Growth: Recorded a minor 2% decrease year-over-year.
- Samsung
- Market Share: Dropped from 25% in Q3 2023 to 22% in Q3 2024.
- Shipment Growth: Experienced a 13% decline year-over-year.
- Motorola
- Market Share: Rose from 11% in Q3 2023 to 13% in Q3 2024.
- Shipment Growth: Achieved a 21% increase year-over-year.
- Google
- Market Share: Grew from 3% in Q3 2023 to 4% in Q3 2024.
- Shipment Growth: Saw a significant 20% increase year-over-year.
- Others
- Market Share: Declined from 8% in Q3 2023 to 7% in Q3 2024.
- Shipment Growth: Noted a 26% decrease year-over-year.
What’s Fueling Google’s Growth in the US Smartphone Market?
Google’s rise in market share can be attributed to a few factors, including software integration, brand value, and improvements in camera capabilities, which continue to attract users. Despite fewer model launches compared to competitors and a focus on mid-range specifications, Google’s unique value proposition with its Pixel series has resonated with the US audience, helping the brand gain traction in a competitive market.
Can Google Replicate This Success in India?
While Google has achieved considerable growth in the US, expanding its success to the Indian market could require a strategic shift. Price sensitivity is a critical factor in India, where the smartphone market is highly competitive, with brands like Xiaomi, Samsung, and Realme dominating the budget and mid-range segments. Adjusting pricing to suit the Indian market, along with potential localization strategies, could enhance Google’s appeal and help it gain a larger foothold in India.
Google’s performance in the US smartphone market during Q3 2024 highlights its ability to grow market share even with a limited product lineup. However, to replicate this success in markets like India, Google may need to focus on pricing strategies and cater to local preferences. As the global smartphone landscape continues to evolve, Google’s market approach will be closely watched by industry observers.
Tags: Google Pixel, US smartphone market, Google market share, smartphone market analysis, Google in India, Pixel sales growth, Counterpoint Research
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